Argus Reiterates Buy Rating for Ventas (NYSE:VTR)

Key Points

• Argus has reaffirmed a "buy" rating for Ventas (NYSE:VTR), setting a target price of $75.00, indicating a potential upside of 11.38% from its previous close.
• Other analysts have also shown optimism, with JPMorgan upgrading their rating to "overweight" and setting a price target of $72.00, while Raymond James increased their target to $78.00.
• Ventas reported earnings of $0.87 per share, exceeding expectations, and has provided guidance for FY 2025 at 3.410-3.46 EPS.

Ventas (NYSE:VTR - Get Free Report)'s stock had its "buy" rating reaffirmed by stock analysts at Argus in a research note issued to investors on Tuesday,Benzinga reports. They currently have a $75.00 target price on the real estate investment trust's stock. Argus' price objective points to a potential upside of 11.38% from the company's previous close.

Other research analysts have also recently issued research reports about the company. JPMorgan Chase & Co. upgraded Ventas from a "neutral" rating to an "overweight" rating and upped their price objective for the company from $70.00 to $72.00 in a research note on Monday, June 23rd. Raymond James Financial restated an "outperform" rating and set a $78.00 price objective (up previously from $74.00) on shares of Ventas in a research note on Friday. Royal Bank Of Canada upped their price objective on Ventas from $74.00 to $75.00 and gave the company an "outperform" rating in a research note on Wednesday, May 7th. Scotiabank upped their price objective on Ventas from $71.00 to $72.00 and gave the company a "sector perform" rating in a research note on Monday, June 23rd. Finally, Wall Street Zen cut Ventas from a "hold" rating to a "sell" rating in a research note on Thursday, May 22nd. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $73.82.

Ventas Stock Down 0.6%

Shares of NYSE VTR traded down $0.38 on Tuesday, hitting $67.34. The company had a trading volume of 68,328 shares, compared to its average volume of 3,051,452. Ventas has a 12-month low of $56.68 and a 12-month high of $71.36. The business has a 50 day moving average of $65.73 and a two-hundred day moving average of $66.03. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 1.13. The firm has a market capitalization of $30.60 billion, a P/E ratio of 156.68, a PEG ratio of 2.50 and a beta of 0.87.

Ventas (NYSE:VTR - Get Free Report) last issued its earnings results on Wednesday, July 30th. The real estate investment trust reported $0.87 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.02. Ventas had a return on equity of 1.75% and a net margin of 3.61%.The company had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.37 billion. During the same quarter in the prior year, the business earned $0.80 earnings per share. The company's revenue was up 18.3% compared to the same quarter last year. Ventas has set its FY 2025 guidance at 3.410-3.46 EPS. As a group, equities research analysts forecast that Ventas will post 3.4 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CFO Robert F. Probst sold 168,318 shares of the stock in a transaction that occurred on Monday, July 14th. The stock was sold at an average price of $65.36, for a total value of $11,001,264.48. Following the completion of the transaction, the chief financial officer directly owned 168,364 shares of the company's stock, valued at $11,004,271.04. This represents a 49.99% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Debra A. Cafaro sold 14,753 shares of the stock in a transaction that occurred on Monday, July 14th. The stock was sold at an average price of $65.60, for a total value of $967,796.80. Following the completion of the transaction, the chief executive officer directly owned 1,145,695 shares of the company's stock, valued at $75,157,592. This trade represents a 1.27% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 289,966 shares of company stock valued at $19,088,654 in the last three months. 1.00% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Ventas

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Coppell Advisory Solutions LLC boosted its stake in Ventas by 20.0% during the 2nd quarter. Coppell Advisory Solutions LLC now owns 4,054 shares of the real estate investment trust's stock valued at $255,000 after purchasing an additional 675 shares in the last quarter. Hudson Bay Capital Management LP bought a new position in Ventas during the 2nd quarter valued at $17,568,000. Geneos Wealth Management Inc. boosted its stake in Ventas by 39.4% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,323 shares of the real estate investment trust's stock valued at $84,000 after purchasing an additional 374 shares in the last quarter. Westwood Holdings Group Inc. boosted its stake in Ventas by 5.3% during the 2nd quarter. Westwood Holdings Group Inc. now owns 264,886 shares of the real estate investment trust's stock valued at $16,728,000 after purchasing an additional 13,270 shares in the last quarter. Finally, CYBER HORNET ETFs LLC bought a new position in Ventas during the 2nd quarter valued at $67,000. 94.18% of the stock is owned by institutional investors.

Ventas Company Profile

Ventas Inc NYSE: VTR is a leading S&P 500 real estate investment trust focused on delivering strong, sustainable shareholder returns by enabling exceptional environments that benefit a large and growing aging population. The Company's growth is fueled by its senior housing communities, which provide valuable services to residents and enable them to thrive in supported environments.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.